Silver Lake completes $25 billion acquisition of Endeavor, transforming it into a private entity.

Silver Lake has completed its $25 billion acquisition of Endeavor, making it the largest media and entertainment private equity deal in over a decade. Endeavor, now privately held, owns TKO Group Holdings, which includes WWE and UFC. The company’s representation businesses will be rebranded as WME Group. Endeavor stockholders will receive $27.50 per share in cash, and the company’s stock will no longer trade on the New York Stock Exchange. TKO will continue as a publicly traded company.